GBP/USD Trades In Murky Waters

Discussion in 'Technical Analysis' started by Kaitlin, Aug 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The British currency experienced a rather sharp decline on Friday, slumping back under the 1.31 major level, thus, failing to settle at a two-week high. The bearish momentum appears to have returned, so the Cable is likely to follow this path today. The weekly pivot point is the nearest support,[​IMG]

    Continue reading...

Share This Page

free forex signals